Milad Akrami
Sales Representative
Soltanian Real Estate, Brokerage
Independently owned and operated.
175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9
Cell: 647-678-7799Office: 647-678-7799
$3,990,000
Available - For Sale
Listing ID: X8445702
41 Mondamin St North , St. Thomas, N5P 2V4, Ontario
| The Prime Commercial Plaza is strategically located next to the St. Thomas Public Library and City Hall in downtown St. Thomas. This property presents an exceptional opportunity for savvy investors, boasting long-standing tenants prioritizing convenience and high visibility. Currently, 5 out of 7 units are leased, housing reputable tenants such as Desjardins Insurance, a flooring store, a thrift store, and Yellow Taxi Services. The main floor spans 15,503 sq ft of retail space, while the upper floor offers 2,300 sq ft of office space, featuring 11 offices, two bathrooms, and a kitchenette. The office space is currently available for lease, presenting an immediate income-generating opportunity. With parking for up to 65 cars, the plaza fronts on Mondamin and Scott St, ensuring excellent high-traffic exposure. The building's recent renovation and fresh paint make it visually appealing and ready for diverse business operations. A new roof further enhances its structural integrity and appeal. Zoned C2-7 for Downtown Talbot Central Commercial, this property supports a wide range of potential uses,, including retail, clinics, boutique restaurants, hotels, recreational facilities, institutional establishments, and theatres. The versatile internal layout facilitates smooth traffic flow, enhancing customer and tenant satisfaction. Take advantage of this outstanding investment opportunity. Schedule your showing today to explore the potential of this well-positioned property. The seller may consider vendor take-back financing (VTB); please contact for details. |
| Price | $3,990,000 |
| Taxes: | $25990.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 41 Mondamin St North , St. Thomas, N5P 2V4, Ontario |
| Postal Code: | N5P 2V4 |
| Province/State: | Ontario |
| Lot Size: | 196.00 x 184.62 (Feet) |
| Directions/Cross Streets: | Mondamin/Scott |
| Category: | Retail |
| Use: | Retail Store Related |
| Building Percentage: | Y |
| Total Area: | 17803.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 2300 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 15503 |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 31-50 |
| Sprinklers: | Y |
| Heat Type: | Elec Forced Air |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| NU-VISTA PREMIERE REALTY INC. |
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Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Elgin |
| Municipality: | St. Thomas |
| Lot Size: | 196.00 x 184.62(Feet) |
| Approximate Age: | 31-50 |
| Tax: | $25,990 |
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